archiveMarch 20, 2020

The Lagos State Commissioner for Health, Prof. Akin Abayomi, says the state government will conduct clinical trial on the effectiveness of Chloroquine in the prevention or management of COVID-19 infection. Abayomi made this known on Friday in Lagos on COVID-19 update. He said that the clinical trial would be initiated...

  The Ministry of Industry, Trade and Investment said Nigeria signed no fewer than 28 Investment Promotion and Protection Agreements (IPPAs) between 1990 and 2016. Mrs Abimbola Arodudu, the Director, Investment Promotion Department of the ministry said this on Friday in Abuja at a two-day workshop on Federal-State Strategy on...

Activities on the Nigerian Stock Exchange (NSE) closed upbeat on Friday with the All-Share Index growing by 0.54 per cent. Specifically, the index grew by 119.85 points or 0.54 per cent to close at 22,198.43 compared with 22,078.58 achieved on Thursday. Also, the market capitalisation of listed equities which opened...

  The Securities and Exchange Commission (SEC) says the current COVID-19 pandemic calls for urgent diversification of the nation’s economy. Ms Mary Uduk, SEC Acting Director-General, stated this on Friday at the Capital Market Correspondents of Nigeria (CAMCAN) forum, sponsored by the commission in Lagos. Uduk, represented by Mr Okey...

President of the Senate, Ahmad Lawan, has condoled with Senator Ben Murray-Bruce over the death of his wife, Evelyn Murray-Bruce. Lawan commiserated with the entire family of the Senator who represented Bayelsa East Senatorial District in the Eigth Senate and the people of Bayelsa State over the tragic loss. He...

 Special committee to coordinate FG, States’ response to Coronavirus pandemic set up In what reflects a continuous and consistent confrontation of COVID-19 in Nigeria, State governors under the auspices of the National Economic Council (NEC) have set up a Special Committee to coordinate Federal and State governments’ responses to deal...

  Zenith Bank Plc, Nigeria’s leading financial institution, has donated N100 million to the Emergency Relief Fund set up by the Lagos State Government for the victims of theAbulo-Edo explosion. The Group Managing Director/ Chief Executive Officer of Zenith Bank Plc, Mr. Ebenezer Onyeagwu made the pledge on Wednesday, March...

  The Securities and Exchange Commission (SEC) has expressed optimism that Collective Investment Scheme (CIS) or Mutual Funds in the nation’s capital market will hit N1.5 trillion before the end of the year. CIS also known as Mutual Funds is an arranged pool of funds managed on behalf of investors...

  The National Universities Commission (NUC) has ordered universities across the country to close for a month beginning from March 23, 2020. The directive was made know in a statement by the commission's Deputy Executive Secretary, Suleiman Rammon-Yusuf. It reads, “I write on behalf of the Executive Secretary to inform...

  Prudential Zenith Life Insurance has launched a payment service which allows mobile phone customers in Nigeria to buy protection policies wherever they are. Customers who dial *5966#  on their mobile phones will be able to purchase a life insurance or hospital cash plan policy in a matter of minutes....